Pension Schemes Bill - 28th April 2026

Here are the climate-related sections of speeches by MPs during the Commons debate Pension Schemes Bill.

Full text: https://hansard.parliament.uk/Commons/2026-04-28/debates/DA5B1EEF-9BC5-42D3-8C37-10A1F9BB6A6C/PensionSchemesBill

18:36 Helen Whately (Conservative)

What happened the moment that became clear to people? Members sitting opposite and, indeed, behind me—not least those in Reform UK—were already queuing up with pet projects and struggling sectors. They thought that savers’ money should be used for net zero schemes, steel and renationalising water. They were not proposing those measures on the grounds of the return on investment for savers, and the income that they would generate for people’s later life; that much is obvious. But we said no—no to politicians having that power, no to Ministers directing pension savings into their pet projects, and no to overriding the interests of savers in favour of politicians desperate for access to capital.

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